Permira-led investor group completes buyout of Atrium Innovations
The take-private acquisition of natural health products manufacturer Atrium Innovations Inc (TSX: ATB & ATB.DB) by an investor group led by European private equity firm Permira Funds has been completed. As previously reported, the total enterprise value of the deal (including debt) was around $1.1 billion, and the purchase price around $751.2 million. Holders of Atrium shares, other than shares rolled over by the Fonds de solidarité des travailleurs du Québec FTQ and the Caisse de dépôt et placement du Québec, will receive $24.00 in cash per share. Company shares and debentures will be de-listed from the Toronto Stock Exchange on or about February 14, 2014. Founded in 1999, Atrium Innovations is based in Québec City.
14 February 2014•4 mins read
